Much to Gain From Green

Green growth refers to a rethinking of traditional development strategies by factoring in how economic growth would impact the environment, and today’s climate crisis prescribes urgent worldwide action on this.

Economic Survey 2022–23 puts climate change front and centre of our development aspirations and goals, and the Union Budget announcements mirror this line of thought. Steps for clean energy transition, conservation efforts involving local communities, measures introducing more circularity in our economy, and the green credit programme are among the many announced to embed green growth in India’s development strategy.